US Real hourly earnings up 0.4 percent over the year ending April 2017

The US Bureau of Statistics says real average hourly earnings increased 0.4 percent, seasonally adjusted, for all private sector employees from April 2016 to April 2017. The increase in real average hourly earnings combined with no change in the average workweek resulted in a 0.3-percent increase in real average weekly earnings over the year.

Real average hourly earnings for production and nonsupervisory employees increased 0.1 percent, seasonally adjusted, from April 2016 to April 2017. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek for these workers resulted in an over-the-year increase in real average weekly earnings of 0.5 percent.

These data are from the Current Employment Statistics program. Earnings data for the most recent 2 months are preliminary.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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